LUNC/USDT – 1H – BUYThe combination Terra Luna Classic/Tether (LUNC/USDT) goes from the bullish trendline down.
The bearish trend down to the next support at 0.000118250 is expected.
Caution: A possible change in the direction of the resistance level at 0.000179800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 0.0001798 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.000179800 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Inverted Hammer’ candle chart pattern is existing. The chart forms ‘Inverted Hammer’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.000179800 |
| Current Price | 0.000165660 |
| Next Low | 0.000118250 |
| 2nd Low | 0.000115510 |
| 3rd Low | 0.000115350 |
Download LUNC/USDT Signal Image
Trading Signals: CRYPTO – LUNC – LUNC/USDT – USDT – Inverted Hammer